SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (8461)9/4/2001 12:45:37 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
My comment about sentiment sometimes being less effective was directed specifically towards seeking the exact bottom before a countertrend reversal can take place. Rydex is excellent at pinpointing near term bottoms but not exact bottoms. Dick Arms TRIN Index had him calling for a bottom 2 weeks ago when the DOW was 400+ points higher and SPX was 40+ points higher.

No sentiment data is a panacea to the exact bottom, but it helps stack the deck in your favor in positioning for the reversal.

Maybe before I share with you the efficacy of how Rydex sentiment analysis works, as I have all of the daily updates linked for your critique; you would kindly share with us all the sentiment data you utilize that has helped you to 40% - 50% returns. Which sentiment data do you put most of your weight on to help you with your outstanding returns?

BTW, nice melt-up the boyz telegraphed early this morning when the world was asleep. lol

Best Regards, J.T.